Vacancy title:
Head of Finance & Investment
Jobs at:
Mission for Essential Drugs and SuppliesDeadline of this Job:
16 December 2022
Summary
Date Posted: Saturday, December 03, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
Mission for Essential Drugs and Supplies (MEDS) is a faith-based not-for-profit organization with Head Office in Nairobi, Kenya. It is a registered Trust of Kenya Conference of Catholic Bishops (KCCB) and Christian Health Association of Kenya (CHAK). The Organization’s core mandate is being a reliable supply chain for quality and affordable Health Products and Technologies and providing Quality Assurance and Health Systems Strengthening Services. MEDS was established in 1986 and serves clients spread all over Kenya, other regions in Africa and beyond.
Board of Directors is seeking to recruit a self-driven, results oriented and visionary Head of Finance & Investment with good professional and ethical standing to take over from outgoing incumbent who is retiring.
Head of Finance & Investment reports to the Managing Director and is responsible for providing leadership in management of the organization’s financial resources and investments.
Key Responsibilities:
• Provide strategic leadership and oversight to Finance and Investment Department
• Develop and maintain appropriate policies and procedures for effective financial management and compliance with statutory and regulatory requirements
• Ensure effective financial management for sustainability
• Manage budgeting process, develop and implement annual departmental work plans to address priorities of the organization and other stakeholders
• Oversee Credit Control Management
• Authorize financial transactions to facilitate payments
• Provide investment information and financial advice for financial growth
• Manage asset portfolio for maximization of returns
• Manage investments in stocks, bonds and other securities for the organization
• Recommend changes to investment policies dependent on prevailing market conditions
• Approve staff payroll, staff benefits and filing of annual returns
• Develop and nurture a dynamic and competent workforce for the department through a robust performance driven culture
• Ensure efficient and effective performance management for achievement of organizational objectives
• Prepare financial reports to inform decision making by Management and Board of Directors
• Oversee external audit related matters in accordance to International Financial Reporting Standards
• Member of Board Finance and Investment Committee
Candidate Profile:
• Demonstrated leadership with a track record of achievements in the private sector backed with a minimum of 12 years experience with 5 years being in finance management in an executive management role;
• Proficiency in use of ERP
• Bachelor’s Degree in Accounting or Finance related field
• Master’s Degree in Finance, Business Administration or a Business related course
• CPA (K) Certification and registered with ICPAK
• A transformative and change leader, keen on detail and deadlines with undisputable integrity
• Strong communication and interpersonal skills.
Work Hours: 8
Experience in Months: 144
Level of Education: Postgraduate Degree
Job application procedure
If you fit the profile of this position, please submit your application including:
• Detailed CV stating your current position, current salary, email address and telephone contacts;
• Names and contacts of three (3) Referees (one of whom must be a professional who has supervised you at some point and one a Senior Religious Leader);
• Copy of National Identity Card;
To: Chairman - MEDS Board of Directors
Mission for Essential Drugs and Supplies
Email: HOFapplications@meds.or.ke
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